Solar Technologies of Tomorrow

The U.S. Department of Energy has set a goal of reaching less than $1 a watt for complete installed solar systems by 2020. Reaching $1/watt would bring the cost of solar power to six cents/ kWh, which is cheaper than the average cost from new natural gas power plants and would allow solar to grow […] Read more

Andasol CSP Plant Commissions Third Unit

The world’s largest commercial solar power plant at Andasol in Spain has commissioned its third 50 MW unit taking the total installed capacity to 150 MW. The Andasol 3 unit was commissioned on 30 September this year. The first two units have been operating from 2008 and 2009. The unit 3 is identical in design […] Read more

Solar Millennium completes Andasol 1 and 2 sales to ACS/Cobra

German solar thermal company Solar Millennium has completed the sale of its two 25% stakes in the Andasol 1 and Andasol 2 thermal solar plants in southern Spain to operator ACS/Cobra Group. The company said that the move was a “consistent realisation” of its business model and that the sale had been postponed from last […] Read more

Solar Millennium AG – a Stock for the Future?

The German blog and news site published a few days ago an interesting story about Solar Millenium(ETR:S2M) from Erlangen, Germany. The company is probably not as wellknown as First Solar (NYSE:FSLR) among green investors but this mightsoon change their minds. Solar Millennium AG is one of the companies involved with theDesertec Industrial Initiative for […] Read more